CHFJPY Sell at Key Swing Level

I have been watching this pair around the marked key swing level like a hawk for some good and meaningful price action signals. We’ve come to see that there has recently been a bearish break and retest of this swing level and now we saw yesterdays daily candle print a massive pin bar rejection candle.

I have gone for a retracement entry of the pin bar candle with SL above the highs and Profit levels at the next level of support.

If we see a bearish move, it could be a massive one so I will leave this trade to run and see if it fills me in and I’ll monitor my target accordingly.

Best of luck on the charts